CVE:RIO

Rio2 Stock Forecast, Price & News

C$0.86

+0.02 (+2.38 %)

(As of 06/11/2021 03:58 PM ET)

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Today's Range

C$0.84

▼

C$0.86

50-Day Range

C$0.72

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C$0.87

52-Week Range

C$0.52

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C$1.03

Volume37,526 shs

Average Volume120,850 shs

Market CapitalizationC$171.65 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Rio2

Rio2 Limited operates as a precious metals company in the Americas. The company holds a 100% interest in the Fenix Gold Project covering an area of approximately 16,050 hectares located in Chile; and seven prospects in the north of Chile. Rio2 Limited was incorporated in 1990 and is headquartered in Vancouver, Canada.

Rio2 Limited - Fenix Gold Project Update
May 4, 2021 | markets.businessinsider.com

What Percentage Of Rio2 Limited (CVE:RIO) Shares Do Insiders Own?
April 5, 2021 | finance.yahoo.com

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March 30, 2021 | msn.com

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March 17, 2021 | 247wallst.com

RIO.V - Rio2 Ltd Profile | Reuters
October 24, 2020 | reuters.com

Rio2 Limited (1SB.SG)
October 10, 2020 | in.finance.yahoo.com

Rio2: High-Quality Gold Developer Still Has Upside From These Levels
October 9, 2020 | seekingalpha.com

Is Rio2 Limited (CVE:RIO) Popular Amongst Insiders?
October 5, 2020 | uk.finance.yahoo.com

Rio2 Limited and Sixth Wave Innovations Inc. Sign Letter of Intent for IXOS® Mining Technology Trials
September 15, 2020 | finance.yahoo.com

Rio2 Limited and Sixth Wave Innovations Inc. Sign Letter of Intent for IXOS(R) Mining Technology Trials
September 15, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange CVE
Industry Industrial Metals & Minerals
Sub-IndustryN/A
SectorBasic Materials
Current SymbolCVE:RIO
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.rio2.com
Phone1 604 260 2696
Employees56
Year FoundedN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowC$0.02 per share
Price / Cash Flow47.78
Book ValueC$0.34 per share
Price / Book2.51

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares199,594,000
Market CapC$171.65 million
Next Earnings Date8/23/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

0.96 out of 5 stars

2.0 Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of C$1.50, Rio2 has a forecasted upside of 74.4% from its current price of C$0.86.
Amount of Analyst Coverage
Rio2 has only been the subject of 1 research reports in the past 90 days.

2.8 Community Rank

Outperform Votes
Rio2 has received 22 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Rio2 has received 18 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Rio2 has received 55.00% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Rio2 and other stocks. Vote “Outperform” if you believe RIO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe RIO will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Rio2 does not currently pay a dividend.
Dividend Growth
Rio2 does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rio2 insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Rio2 is -11.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Rio2 is -11.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Rio2 has a P/B Ratio of 2.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Rio2 (CVE:RIO) Frequently Asked Questions

Is Rio2 a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rio2 in the last year. There are currently 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "strong buy" Rio2 stock.
View analyst ratings for Rio2 or view top-rated stocks.

What stocks does MarketBeat like better than Rio2?

Wall Street analysts have given Rio2 a "Strong Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Rio2 wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Rio2's next earnings date?

Rio2 is scheduled to release its next quarterly earnings announcement on Monday, August 23rd 2021.
View our earnings forecast for Rio2.

How were Rio2's earnings last quarter?

Rio2 Limited (CVE:RIO) announced its quarterly earnings data on Monday, April, 19th. The company reported ($0.03) earnings per share for the quarter.
View Rio2's earnings history.

How has Rio2's stock been impacted by Coronavirus (COVID-19)?

Rio2's stock was trading at C$0.29 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, RIO shares have increased by 196.6% and is now trading at C$0.86.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for RIO?

1 equities research analysts have issued 12 month price objectives for Rio2's shares. Their forecasts range from C$1.50 to C$1.50. On average, they anticipate Rio2's share price to reach C$1.50 in the next twelve months. This suggests a possible upside of 74.4% from the stock's current price.
View analysts' price targets for Rio2 or view top-rated stocks among Wall Street analysts.

Who are Rio2's key executives?

Rio2's management team includes the following people:

Mr. Alexander Black, CEO, Pres & Director (Age 63, Pay $397.32k)
Ms. Kathryn Johnson, CFO, Exec. VP & Corp. Sec.
Mr. Daniel Ellis Kenney, Legal Counsel (Age 51)
Mr. Jose Luis Martinez, Exec. VP & Chief Strategy Officer
Mr. Andrew Cox, Exec. VP & COO
Mr. Ian Dreyer, Sr. VP of Technical Services
Ms. Maria Alejandra V. Gomez, Sr. VP of Corp. Communications
Mr. Enrique Garay Manyari M. Sc, P. Geo., Sr. VP of Geology

Who are some of Rio2's key competitors?

Some companies that are related to Rio2 include Mandalay Resources (MND), Skeena Resources Limited (SKE.V) (SKE), Discovery Silver (DSV), NioCorp Developments (NB), Lucara Diamond (LUC), Lumina Gold (LUM), NextSource Materials (NEXT), EMX Royalty (EMX), Abitibi Royalties (RZZ), Bluestone Resources (BSR), First Mining Gold (FF), Bear Creek Mining (BCM), GT Gold (GTT), 5N Plus (VNP) and NGEx Resources (NGQ).
View all of RIO's competitors.

What other stocks do shareholders of Rio2 own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rio2 investors own include Boxlight (BOXL), ChannelAdvisor (ECOM), Argonaut Gold (ARNGF), Asia Pacific Wire & Cable (APWC), Aphria (APHA), Ampio Pharmaceuticals (AMPE), Applied Industrial Technologies (AIT), AIM ImmunoTech (AIM), Amarillo Gold (AGC) and First Majestic Silver (AG).

What is Rio2's stock symbol?

Rio2 trades on the Canadian Venture Exchange (CVE) under the ticker symbol "RIO."

How do I buy shares of Rio2?

Shares of RIO and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Rio2's stock price today?

One share of RIO stock can currently be purchased for approximately C$0.86.

How much money does Rio2 make?

Rio2 has a market capitalization of C$171.65 million.

How many employees does Rio2 have?

Rio2 employs 56 workers across the globe.

What is Rio2's official website?

The official website for Rio2 is www.rio2.com.

How can I contact Rio2?

The company can be reached via phone at 1 604 260 2696.

This page was last updated on 6/13/2021 by MarketBeat.com Staff

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